Jim Walsh (Fianna Fail) | Oireachtas source

The Minister is doing the same thing Fianna Fáil was criticised for doing which is to follow pro-cyclical policies. If the country needs anything, it is assistance for growth. Households are submerged in debt. Some 29% of mortgage holders are in arrears or have had to make an arrangement with their bankers. This measure could be what tilts them over the edge. It fails to show an appreciation for the real difficulties people are encountering.

When we were making decisions in 2008-09, the Minister will remember saying we could not tax our way out of these difficulties. The Minister should revisit what he was saying because I agree with it. While it is appalling that this measure is being introduced at this time, it is even more appalling that there is such total disregard for our democratic institutions and the people who will be affected. We are ramming it through the House without the due deliberation which is absolutely required. As it is not coming into force until July 2013, there is no reason not to carry the Bill over for a proper debate in both Houses. I urge the Minister to rethink. Of all those in Government, he is one of only two or three whose views and vision I subscribe to. I hope he will carry that sentiment back and endeavour to achieve further consideration of the Bill.